The 3rd Quarter Report is worth a very close reading of what's ahead for CCi workers...........http://finance.yahoo.com/news/corinthian-colleges-reports-fy14-third-114500703.html........"In light of current market and regulatory conditions, our Board has authorized management to retain an investment banking firm to help the company explore strategic alternatives and enhance shareholder value," Massimino said."
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FYI: Barclays will be the hatchet man....http://seekingalpha.com/article/2195133-corinthian-colleges-coco-ceo-jack-massimino-on-q3-2014-results-earnings-call-transcript?part=single
I am a former employee who was not laid off. I chose to leave as had so many others. The fact that Cornthian has now hired an investment banking firm to help them wiht strategy only underlines that shareholders are looking for some type of return, even if it requires selling off parts or all of the organization.
Read Jack's words carefully. All the problems can be blamed on the bad weather. Now that spring is here, everything's fine. No worries.